Well that's just bonza matey

Memory distributor Simms International has bought a rival in Australia in its first acquisition since forming in 1990.

The firm issued a statement about its purchase of K H Distribution Pty Ltd, an Australian memory distributor, but failed to mention how much it cost. It did say, however, that its Aussie operations, combined with the new bit, would have 50 people turning in sales of A$80m (£32m).